Wednesday, January 7, 2009

Companies "tweeting" about layoffs

All – check out this story on Workforce about how social media is “forcing” companies to become more transparent about layoffs, whether they like it or not. The story gives a couple of good examples -

Yahoo! – the company reportedly began laying off 1,500 employees, in keeping with their pledge to cut at least 10 percent of its workforce by the end of the year. The event made news because employees Twittered about their experience. – this is the other end of the spectrum. One of the first things chief executive Tony Hsieh did when he laid off 125 people last month was Twitter about it.

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